HSI Futures

Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the presidential election of Donald Trump and a new high for transportation stocks added to the bullish tone.

Hong Kong stocks rose for the second day on Wednesday, lifted by energy and raw materials sectors, but trading was thin as investors were cautious ahead of the European Central Bank's policy meeting on Thursday.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.

Plan A : Above 22926, do nothing

Plan B : Below 22715, do nothing

Plan C : Attempt buying if market trades firmly above 22796

Plan D : Cut below 22715

Plan E : Consider selling if market gap up but fails to breach above 22926

Plan F : Cut above 22978

FKLI

FKLI was seen holding firmly above 1627 for the whole afternoon yesterday. Market is expected to open higher today, taking cue from overnight Dow. However, sustainability of it would be more important today. Only a firm close above 1633.5 would give buyers a sense of assurance that market will be moving up in the near term. Otherwise, market could still be under the consolidation stage. 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.

Plan A : Attempt buying if market stays firm above 1631.5

Plan B : Cut below 1627

Plan C : Consider selling if market fails to breach and stays firm above 1636.5

Plan D : Cut above 1641

FCPO

FCPO touched new high at 3188 before tumbling down to 3138 towards day end. Dalian and soybean oil are weak this morning while Ringgit stays at RM4.42 against the greenback.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.

Plan A : Sell if market rebounded and resisted around 3154. Targets are 3131, 3102, 3074 and 3064.

Plan B : Buy if market retraced but supported above 3102. Targets are 3130, 3145, 3159 and 3168.

Plan C : Above 3154, no fresh position.

Plan D : Below 3102, no fresh position.   

*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does  not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.